Ex-Turkey merchant bar export prices have risen by $10/mt to $820-830/mt FOB for April-May shipment in the past two weeks, amid currency fluctuations, the uncertain financial situation in Turkey, and Russia’s attack on Ukraine and its possible consequences.
A few merchant bar re-rollers have stopped quoting for now, while a few merchant bar re-rollers are offering material for extended shipment terms. Demand is moderate.
Turkish merchant bar export prices are currently at the following levels:
|
Product |
Price ($/mt) |
|
Angle |
820-830 |
|
IPN-UPN |
830-840 |
|
Flat bar |
850-860 |
|
IPE |
830-840 |
All prices are on FOB basis and for April-May shipment.